Dow Rises 40 Points as Nvidia Earnings and Inflation Data Keep Markets on Edge
5 Articles
5 Articles
Around 2:20 PM GMT, the Nasdaq index was down 0.82%, the broader S&P 500 index was down 0.30%, while the Dow Jones was up 0.28%. "Investors haven't had much new data or news likely to influence the markets since Friday, but this week looks rather busy," summarizes Patrick O'Hare, an analyst at Briefing.com. This includes the release of the financial results of chip giant Nvidia, the world's largest company by market capitalization, expected Wed…
The New York Stock Exchange opened without momentum on Monday, at the dawn of a week particularly rich in catalysts, including the quarterly results of the Nvidia Mastodon and the central banker meeting in Jackson Hole.
The New York stock market opened lower on a busy week ahead of anticipated growth and inflation data, the Jackson Hole symposium, and Nvidia earnings. Geopolitical tensions and weakness in chip stocks weighed on the market, while bond yields declined.
Dow rises 40 points as Nvidia earnings and inflation data keep markets on edge
Wall Street was headed for a lower open on Monday as investors weighed renewed geopolitical tensions, movements in the Treasury market, and a busy week of inflation data and major technology earnings. The Dow Jones Industrial Average traded 47 points higher. The S&P 500 fell 0.28%, while the Nasdaq Composite dropped 0.55%. The weaker start followed a volatile week in which rising government bond yields pressured technology stocks and contribute…
The futures of Wall Street are listed with mixed sign this Monday, August 24, after closing last week in negative. Many doubts about the weekly calendar presented by the market, with inflation data on the table, Nvidia's results, Scott Bessent's press conference and the appointment with Jackson Hole.The futures of the Dow Jones are practically flat waiting for new news that makes investors choose some specific direction, while both S&P 500 and N…
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